Portmeirion Group (LON:PMP) Sets New 1-Year Low – Here’s What Happened

Portmeirion Group PLC (LON:PMP) shares reached a new 52-week low during trading on Friday . The stock traded as low as GBX 52 and last traded at GBX 54, with a volume of 470770 shares. The stock had previously closed at GBX 52.50.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Portmeirion Group in a report on Wednesday, May 6th.

Portmeirion Group Price Performance

The business has a fifty day simple moving average of GBX 90.38 and a two-hundred day simple moving average of GBX 94.69. The company has a current ratio of 1.54, a quick ratio of 0.68 and a debt-to-equity ratio of 59.99. The stock has a market cap of £7.42 million, a PE ratio of -1.19, a P/E/G ratio of 0.75 and a beta of 1.24.

Portmeirion Group (LON:PMP) last posted its earnings results on Wednesday, May 6th. The company reported GBX (25.30) earnings per share for the quarter. Portmeirion Group had a negative return on equity of 12.61% and a negative net margin of 6.86%.The firm had revenue of GBX 9,106 million for the quarter. Research analysts forecast that Portmeirion Group PLC will post 52.5900016 earnings per share for the current year.

Portmeirion Group Company Profile

“Our vision is to be a leading force in the global homeware sector focused on growing our great British brands.”

Based in Stoke-on-Trent, we are the owner, designer, manufacturer and omni-channel retailer of leading homeware brands in global markets. Our much loved brands include Portmeirion, Spode, Royal Worcester, Nambé, Pimpernel and Wax Lyrical. Recognised around the world, our brands have a combined history of over 700 years.

With a consistent track record of growth, our revenue is generated from a variety of different channels, markets, currencies and product categories.